Prodigal Son
JF-Expert Member
- Dec 9, 2009
- 1,067
- 700
Hii habari imenifurahisha saana nimechukua tu sehemu, naona itakuwa ni changamoto kwetu kama mtu ambaye darasani alikuwa hana akili, amekuja hanakitu leo umaskini wake umekuwa ni historia,
How I became a billionaire in 10 years
,,,,,,,,,,,,,, 35-year-old Kamal Budhabatti Born in the West Coast of India, from the same state of the father of India, Mahatma Gandhi, in a small town of entrepreneurs known as Jamnagar, Mr Budhabatti was not a bright student and to avoid his demeaning trend of failing to beat the minimum grade, he sometimes stole a glance at what other students were filling in their score sheets.
His father, a newspaper vendor, could not afford to pay extra money for personal coaching for his ‘below-average' son.
As he grew, he put more and more effort into his education and managed to join university for a Bachelor of Science in Physics degree.
His family had no royal status or godfathers in high places to secure him a job in a country polarised on social status. So when a friend told him of a data entry job opportunity in Kenya, the physicist jumped into the next flight.
His aim - to make money as fast as a tornado and swirl around the world gathering desire and pleasure.
But this was not as easy as he thought it would be. His job was simple yet difficult: to sit behind a computer in a small room with volumes of files and no air conditioning and key in data.
"There is nothing more boring than that," he says.
In 2000, he was tipped by a friend that a certain bank required ‘clearing house" software.
"I sat down and developed software for the bank, since I had learnt programming from my university education," he says.
This side job did not please his boss who fired him immediately for "using office hours to do his own work."
His work permit was withdrawn and the young man found himself in a plane back to India. That was the worst day of his life.
He had spent sleepless nights trying to fill data and eke out a living, but nothing would compare with his childhood friends taunting him back at home for being a loser.
However, he never left the airport once in India; he bought a ticket and found his way back to Kenya, vowing to pursue his dream no matter what.
The young man came face to face with the poverty that made him run away from his home country in the first place - no food, shelter or bus fare.
Having exhausted his last savings, Sh20,000, he became a master of odd jobs, taking one meal a day, trekking from Westlands to the City Centre and paying money to another tenant to house him.
With a borrowed computer, no phone and no money, he set down to creating software for financial institutions.
"I had to make use of the knowledge I had to make a living or I would have ended up starving and with nowhere to turn to," he says. And so began his journey to success.
"And then the money from the bank I had made software for came through and paid pretty well. Soon, I sold the software to other financial institutions," he recalls.
"There is a disregard for Kenyan firms by Kenyans," he says. "It's so much to overcome and something needs to be done about it."
Craft Silicon only earns 15 per cent from the country and efforts to market itself in Kenya as a worthy competitor to big companies who import software to the country have not been fruitful.
CRAFT SILICON has done extremely well in the 10 years after it was started and ever since, its strategy has been clear - to be among the leading software companies in the world.
The company's principle has always been to constantly innovate technological applications in the fast changing economic scenario, to keep it at the top of its game.
Mr Budhabatti, now a citizen, believes Kenya has a lot of potential and he wants to do everything to market the country as a business hub.
"I possessed nothing when I came to Kenya and I believe that I have a moral duty of giving back to this society," he says.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Plz if you want to read the full story open this link
http://www.nation.co.ke/magazines/money/How%20I%20became%20a%20billionaire%20in%2010%20years/-/435440/916800/-/item/3/-/kc3mlpz/-/index.html
Thanks; Daily Nations KE
How I became a billionaire in 10 years
,,,,,,,,,,,,,, 35-year-old Kamal Budhabatti Born in the West Coast of India, from the same state of the father of India, Mahatma Gandhi, in a small town of entrepreneurs known as Jamnagar, Mr Budhabatti was not a bright student and to avoid his demeaning trend of failing to beat the minimum grade, he sometimes stole a glance at what other students were filling in their score sheets.
His father, a newspaper vendor, could not afford to pay extra money for personal coaching for his ‘below-average' son.
As he grew, he put more and more effort into his education and managed to join university for a Bachelor of Science in Physics degree.
His family had no royal status or godfathers in high places to secure him a job in a country polarised on social status. So when a friend told him of a data entry job opportunity in Kenya, the physicist jumped into the next flight.
His aim - to make money as fast as a tornado and swirl around the world gathering desire and pleasure.
But this was not as easy as he thought it would be. His job was simple yet difficult: to sit behind a computer in a small room with volumes of files and no air conditioning and key in data.
"There is nothing more boring than that," he says.
In 2000, he was tipped by a friend that a certain bank required ‘clearing house" software.
"I sat down and developed software for the bank, since I had learnt programming from my university education," he says.
This side job did not please his boss who fired him immediately for "using office hours to do his own work."
His work permit was withdrawn and the young man found himself in a plane back to India. That was the worst day of his life.
He had spent sleepless nights trying to fill data and eke out a living, but nothing would compare with his childhood friends taunting him back at home for being a loser.
However, he never left the airport once in India; he bought a ticket and found his way back to Kenya, vowing to pursue his dream no matter what.
The young man came face to face with the poverty that made him run away from his home country in the first place - no food, shelter or bus fare.
Having exhausted his last savings, Sh20,000, he became a master of odd jobs, taking one meal a day, trekking from Westlands to the City Centre and paying money to another tenant to house him.
With a borrowed computer, no phone and no money, he set down to creating software for financial institutions.
"I had to make use of the knowledge I had to make a living or I would have ended up starving and with nowhere to turn to," he says. And so began his journey to success.
"And then the money from the bank I had made software for came through and paid pretty well. Soon, I sold the software to other financial institutions," he recalls.
"There is a disregard for Kenyan firms by Kenyans," he says. "It's so much to overcome and something needs to be done about it."
Craft Silicon only earns 15 per cent from the country and efforts to market itself in Kenya as a worthy competitor to big companies who import software to the country have not been fruitful.
CRAFT SILICON has done extremely well in the 10 years after it was started and ever since, its strategy has been clear - to be among the leading software companies in the world.
The company's principle has always been to constantly innovate technological applications in the fast changing economic scenario, to keep it at the top of its game.
Mr Budhabatti, now a citizen, believes Kenya has a lot of potential and he wants to do everything to market the country as a business hub.
"I possessed nothing when I came to Kenya and I believe that I have a moral duty of giving back to this society," he says.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Plz if you want to read the full story open this link
http://www.nation.co.ke/magazines/money/How%20I%20became%20a%20billionaire%20in%2010%20years/-/435440/916800/-/item/3/-/kc3mlpz/-/index.html
Thanks; Daily Nations KE
